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Shari Redstone
- Paramount’s board of directors and its current controlling shareholder, Shari Redstone, approved the $8.4-billion deal with Skydance in July, after months of back and forth.
www.latimes.com › entertainment-arts › businessLarry Ellison to control Paramount Global after Skydance deal ...
5 days ago · Skydance Media is an American media production company founded by David Ellison in 2006. It produces films, animation, television, video games, and sports, and has partnerships with Paramount Pictures, Apple, and KKR.
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Aug 27, 2024 · (Bloomberg) -- Producer David Ellison’s Skydance Media is set to become the new owner of Paramount Global after Seagram Co. heir Edgar Bronfman Jr. dropped out, ending one of the...
Aug 27, 2024 · The merger between entertainment giant Paramount and media company Skydance is set to go ahead after Edgar Bronfman Jr. withdrew a competing offer.
Sep 5, 2024 · It was understood that Larry Ellison would obtain a majority stake in NAI but now there’s official confirmation: He will own 77.5% of National Amusements through Pinnacle Media, a group of...
- Todd Spangler
Aug 27, 2024 · David Ellison’s Skydance Media is set to acquire Paramount Global, following Seagram Co heir Edgar Bronfman Jr.’s withdrawal from the bidding contest. The deal, expected to close in the first half of 2025, concludes Paramount’s 'go-shop' period for alternative offers.
Aug 27, 2024 · Bronfman, the former chairman and CEO of Warner Music, had intitially offered $4.3 billion for Shari Redstone’s National Amusements, the controlling shareholder of Paramount, according to multiple media reports. He then upped that bid to $6 billion.
Aug 26, 2024 · Skydance will first acquire Shari Redstone‘s National Amusements Inc. and then execute a full merger with Paramount Global.
